3 ms·
Historically, research spending has been mostly done by the government, although in the US the proportion of research funded by the government has fallen in rec
by bccdee 5y ago
Historically, research spending has been mostly done by the government, although in the US the proportion of research funded by the government has fallen in recent years [1].
[1]: https://www.sciencemag.org/news/2017/03/data-check-us-government-share-basic-research-funding-falls-below-50 https://www.sciencemag.org/news/2017/03/data-check-us-govern...
- refurb 5y agoBasic funding, so that figure ignore actual development costs. NIH has a budget that is about half that of big pharma. It’s mostly private money.